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The factor from the present value table for ten years at ten percent is 0.3855....

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Question

Accounting

The factor from the present value table for ten years at ten percent is 0.3855. If you want to find the present value of $8,000 under these assumptions (10 years and 10%), then you must do the following:

A.

Multiply $8,000 times 0.3855
B

Divide $8,000 times 0.3855
C.

Find a different factor
D.

None of the above

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